Vietnam Manufacturing PMI

The Nikkei Vietnam Manufacturing PMI slipped to 52.0 in May 2019 from a four-month high of 52.5 in the previous month. Employment fell for the third time in the past four months, amid reports of worker resignations and retirements. At the same time, both output and buying levels grew at a faster pace, new orders expanded the most so far this year and overseas sales rose solidly. In terms of prices, the rate of input cost inflation ticked down and was slower than the series average; and output prices decreased for the six consecutive month due to demand weakness in certain export markets. Finally, confidence improved for the third month running to the highest since last November, amid expected increases in new orders and new product launches. Manufacturing PMI in Vietnam is reported by Markit Economics.

Manufacturing PMI in Vietnam is expected to be 52.30 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Vietnam to stand at 50.80 in 12 months time. In the long-term, the Vietnam Manufacturing PMI is projected to trend around 51.40 in 2020, according to our econometric models.

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Vietnam Business	Last	Previous	Highest	Lowest	Unit
Manufacturing PMI	52.00	52.50	56.50	43.60		[+]
Industrial Production	10.00	9.30	28.40	-10.10	percent	[+]
Manufacturing Production	11.60	10.00	26.30	-12.40	percent	[+]
Changes in Inventories	140219.87	130578.82	140219.87	530.00	VND Billion	[+]
Car Registrations	26094.00	20106.00	32511.00	2992.00		[+]
Internet Speed	9503.83	8250.20	9503.83	702.84	KBps	[+]
IP Addresses	8616202.00	8120243.00	8616202.00	739771.00	IP	[+]
Mining Production	-1.50	2.40	14.80	-17.70	percent	[+]
Competitiveness Index	58.05	57.94	58.05	4.02	Points	[+]
Competitiveness Rank	77.00	74.00	77.00	56.00		[+]
Ease of Doing Business	69.00	68.00	99.00	68.00		[+]
Electricity Production	20300.00	18600.00	20300.00	671.00	Gigawatt-hour	[+]
Corruption Index	33.00	35.00	35.00	24.00	Points	[+]
Corruption Rank	117.00	107.00	123.00	43.00		[+]

The Nikkei Vietnam Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 400 manufacturing companies. The Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - Vietnam Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Vietnam Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on June of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	52.00	52.50	56.50	43.60	2012 - 2019		Monthly

Country	Last		Previous	Range
Australia	52.70	May/19	54.8	62.5 : 29.47
Brazil	50.20	May/19	51.5	53.5 : 41.6
Canada	49.10	May/19	49.7	57.1 : 47.5
China	50.20	May/19	50.2	52.3 : 47.2
Euro Area	47.70	May/19	47.9	60.6 : 33.5
France	50.60	May/19	50	58.8 : 42.7
Germany	44.30	May/19	44.4	63.3 : 32
India	52.70	May/19	51.8	55 : 47.9
Indonesia	51.60	May/19	50.4	58.5 : 46.4
Italy	49.70	May/19	49.1	59 : 47.4
Japan	49.80	May/19	50.2	56.2 : 29.6
Mexico	50.00	May/19	50.1	57.1 : 49.2
Netherlands	52.20	May/19	52	63.4 : 48
Russia	49.80	May/19	51.8	54.7 : 47.6
Saudi Arabia	57.30	May/19	56.8	61.8 : 51.4
Singapore	49.90	May/19	50.3	53.1 : 48.3
South Africa	45.40	May/19	47.2	60.87 : 35.09
South Korea	48.40	May/19	50.2	52.6 : 45.7
Spain	50.10	May/19	51.8	56.1 : 41.1
Switzerland	48.60	May/19	48.5	66.9 : 32.8
Turkey	45.30	May/19	46.8	55.7 : 42.7
United Kingdom	49.40	May/19	53.1	61.5 : 34.4
United States	50.50	May/19	52.6	57.9 : 50.5